used in economic theory and finance, and (2) developing a language, a conceptual framework, and a standard of argument appropriate for analysing economic questions mathematically. The module complements the School's postgraduate micro and macro theory sequences, and together with these modules will enable the successful student to read research papers in theoretical and applied economics. As time permits, the module will cover some or all of the following topics: logic, sets and orderings, the real number system, Euclidean space, sequences and limits, topology and convexity, functions and correspondences, continuity, differentiability, the inverse and implicit function theorems, fixed point theorems, optimisation, comparative statics, dynamic programming, and optimal control.
Microeconomics A Together with Microeconomics B, this module will give you a firm grounding in modern microeconomic theory. Topics to be covered in the first term include: choice, preference, and utility; classical consumer and producer theory; choice under uncertainty; Walrasian (competitive) equilibrium and the fundamental welfare theorems; general equilibrium over time and under uncertainty; and market failure.
Microeconomics B Together with Microeconomics A, this module will give you a firm grounding in modern microeconomic theory. Topics to be covered in the second term include: games in strategic and extensive form; Nash equilibrium and its refinements; games with incomplete information; repeated games; adverse selection, signaling, and screening; the principal-agent problem; incentive theory and mechanism design.
Topics for Macro-Labour This module provides an overview of some of the main current topics in macro-labour. It combines typical empirical tools of labour economics with equilibrium models of the macroeconomy to interpret the main stylised facts of modern labour markets and draw policy implications. The module has a strong applied focus. For each major topic covered we will derive testable implications, provide insights into the research methodology, discuss the advantages and Limitations of existing empirical work, and draw policy conclusions.
Queen Mary, University of London 09